Dalrada Technology Group, Inc.
Dalrada Technology Group, Inc. is a diversified operating company with businesses spanning healthcare, climate technology, precision manufacturing, and technology services. It develops and sells products and services such as specialty pharmacy offerings, heat pumps, construction-related climate solutions, precision parts, and software engineering and digital services through subsidiaries including Genefic, Dalrada Climate Technology, Dalrada Precision Manufacturing, and Dalrada Technologies.
Tilikausi 2025 · muutos edellisvuodesta
Kehitys 2020–2025
Liiketoiminta
Osuus liikevaihdostaGenefic provides specialty pharmaceutical, screening, and wellness-related offerings.
Dalrada Climate Technology includes heat pumps, energy services, and construction-related work through Bothof.
Dalrada Technologies and Prakat provide software engineering, modernization, and digital services.
Dalrada Precision Manufacturing sells precision parts and related manufacturing solutions.
Tuotteet
Raportoitu · osuus liikevaihdosta- Service Revenue Third Parties58,6 %
- Product Sales Third Parties33,6 %
- Service Revenue Related Party7,9 %
Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.
Asiakkaat
Dalrada sells to a mix of healthcare users, commercial and residential building customers, public-sector and private-sector construction clients, and enterprise technology customers. Its customer base is fragmented across subsidiaries, with demand driven by pharmacy needs, building decarbonization projects, software delivery contracts, and precision manufacturing orders.
Patients, providers, and healthcare channels buying specialty pharmacy, screening, and wellness offerings from Genefic.
Businesses and institutions buying heat pumps, ESG-oriented energy services, and related building solutions.
Residential, commercial, public, and private customers using Bothof Brothers for construction and design work.
Companies buying software engineering, testing, accessibility, modernization, and CRM-related services.
Industrial customers purchasing precision parts and deposition technology products.
Strategia
Dalrada’s stated strategy is to improve profitability by focusing on subsidiaries expected to be most profitable, reducing investment in lower-return areas, and pursuing synergistic opportunities across the portfolio. Near term, management is also trying to commercialize heat pumps, expand pharmacy operations, grow Bothof Brothers’ footprint, and support the business with external financing.
The company is under going-concern pressure and needs to concentrate resources on businesses with better margin potential.
Heat pump adoption could create a higher-margin growth engine and validate the DCT platform.
Management is trying to broaden revenue sources and improve operating leverage across subsidiaries.
Maantiede
Q3/2025Dalrada operates primarily in the United States, with technology and climate-related activities also extending into Europe through Dalrada Technology Spain. The reports also describe global customer relationships for the technology business, while construction and contracting revenue is concentrated throughout the United States. Geography matters because the company’s mix of U.S. healthcare, domestic construction, and international technology exposure creates different regulatory, execution, and demand risks.
Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.
Riskit
Dalrada faces substantial going-concern and liquidity risk because it continues to report significant losses and depends on outside financing and related-party support. Its multi-division structure also creates execution risk, since performance varies sharply across healthcare, construction, manufacturing, and technology, while customer concentration and contract completion can materially swing results.
The company reports substantial losses and limited working capital, raising doubt about its ability to continue without new funding.
Kohdistuu: All operations
Operations are being funded through equity sales, debt, and related-party support, which may not be available on favorable terms.
Kohdistuu: Corporate liquidity
Precision manufacturing revenue fell after losing its primary customer, showing how dependent some units are on a small number of buyers.
Kohdistuu: Dalrada Precision Manufacturing
Construction and technology services depend on completing contracts and winning new work, which can cause revenue volatility.
Kohdistuu: Dalrada Climate Technology and Dalrada Technologies
Heat pump commercialization and federal/commercial adoption are still developing, so demand may take longer than expected.
Kohdistuu: Dalrada Climate Technology
Kirjanpito
Harkinnanvaraiset erätThe company recognizes revenue across goods and services, so timing depends on contract terms and performance obligations.
Vaikutus: Can shift revenue between periods for pharmacy, construction, technology, and manufacturing activities
Management states there is substantial doubt about continuing as a going concern, which raises questions about asset values and future obligations.
Vaikutus: May affect classification and recoverability of recorded assets and liabilities
The company records equity-based compensation under ASC 718, which affects operating expenses and dilution.
Vaikutus: Can increase reported losses and share count
The company relies on related-party notes and support for liquidity, which affects financing cash flows and debt presentation.
Vaikutus: Important for assessing true funding needs and leverage
Samankaltaisia listattuja yhtiöitä
Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.
Bravida Holding
BRAV · Industrials
Bravida Holding AB is a Nordic leader in providing comprehensive technical solutions for buildings and facilities.
Gentherm Inc
THRM · Motor Vehicle Parts & Accessories
Callan JMB Inc
CJMB · Services-Business Services, NEC
Lennox International, Inc
LII · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Lennox International makes heating, ventilation, air conditioning and refrigeration equipment for homes and commercial buildings, with a strong focus on energy-efficient climate-control products.
Danaher Corporation
DHR · Industrial Instruments For Measurement, Display, and Control
Danaher is a U.S.-based science and technology company organized around biotechnology, life sciences, and diagnostics.
Tetra Technologies, Inc
TTI · Crude Petroleum & Natural Gas
TETRA Technologies is a U.S.-based energy services and specialty chemicals company organized around two reporting segments: Completion Fluids & Products and Water & Flowback Services.
Päivitetty: 28.4.2026